Proviso. binding as though said heirs were of lawful age and had themselves Sec. 2. This act shall take effect from and after its passage. N. D. Carter authorized to make payment on for school to her hus band. [No. 175. ] AN ACT for the relief of Nancy D. Carter. Section. 1. Be it enacted by the Senate and House of Represen tatives of the State of Michigan, That Nancy D. Carter widow of certificates the late Siloam S. Carter, be and she is hereby authorized to pay lands issued into the state treasury the amount of principal and interest specified in certificate number eighty-three for the sale of lot number seven in block number one hundred and fourteen; and certificate number eighty-four, for the sale of lot number eight in said block number one hundred and fourteen, in the town of Lansing, according to the recorded plat thereof, executed by the commissioner of the land office, to the said Siloam S. Carter. of. Sec, 2. The governor of this state is hereby authorized, on preIssue of pa tent on such sentation of said certificates with the certificate of the commissionpayment & effect there- er of the land office endorsed thereon, that the whole amount of the principal and interest therein, has been paid by the said Nancy D. Carter, to sign and cause to be issued a patent for the land described in the said certificates; which patent shall vest in the said Nancy D. Carter, the same title to said lots that the said Siloam S. Carter might have acquired by similar payments were he still living. Sec. 3. This act shall take effect and be in force from and after its passage. Approved March 30, 1849. [No. 176. ] AN ACT to authorize Eunice James, widow of Solomon James, to sell certain real estate. E James authorized to tain real es tate. Section 1. Be it enacted by the Senate and House of Represen tatives of the State of Michigan, That Eunice James, widow of convey cer Solomon James, late deceased, be and she is hereby empowered and authorized to sell at private sale or at public auction, the west half of the south west quarter of section twenty-nine, (29) town six (6) north of range ten (10) east, in the county of Lapeer, and on such sale to make all necessary conveyance to any purchaser or purchasers of the same; which conveyance after being duly acknowledged may be recorded in the register's office of the county where said lands are situated: Provided, The judge of probate of Proviso the county of Lapeer shall approve of the sale of said lands and endorse his approval of the sale on the deed conveying said land. plication of sale. Sec. 2. Before the lands mentioned in the first section of this act Bond to be given for shall be conveyed, the said Eunice James shall execute and deliver faithful apto the judge of probate of the county of Lapeer, a bond with at proceeds of least two sufficient sureties, conditioned that she will faithfally apply two-thirds of the proceeds thereof for the support, maintenance and education of the minor children of Solomon James, decease d. Sec. 7. This act shall take effect from and after its passage. Approved, March 31, 1819. [ No. 177. ] AN ACT to incorporate the "Native Copper Company." tion. Section 1. Be it enacted by the Senate and House of Represen- Incorporatatives of the State of Michigan, That Horatio Bigelow, Junius Hale, Horace S. Roberts and others who shall become associated with them, are hereby constituted a body corporate by the name of the "Native copper, company," for the purpose of mining, smelting and maufacturing ores, minerals and metals in the upper peninsula of the state of Michigan. Capital and of company. Sec. 2. The said company shall have corporate succession; its capital stock shall be two hundred and fifty thousand dollars, divi- real estate ded into shares of fifty dollars each; and said company may acquire and hold such real and personal estate in the upper peninsula of Officers of the compa ny. Assessment on shares, State tax & annual re port. 1st meeting. Lien of inhabitants of Michigan as the business of the company may require, to an amount not exceeding the capital stock of said company. Sec. 3. The officers of said company shall consist of a president, a board of three directors including the president, (who shall be one thereof;) a secretary and treasurer, who may however at the pleasure of the company be one and the same person, and the said company may levy assessments on the shares of its stock and forfeit and sell the same for non-payment of any such assessment in such manner as said company by its by-laws may prescribe: Provided, That one of the said directors shall at all times be a citizen and resident of this state, upon whom service of all process against said company may be made, and such service shall be deemed a valid service as against the said Native copper company. Sec. 4. The said company shall pay to the treasurer of the state of Michigan an annual tax at the rate of one per cent. on the whole amount of capital actually paid in upon the capital stock of said company, and also upon all sums of money borrowed by said com pany, which tax shall be in lieu of the state tax upon the personal and real estate of said company and shall be paid on the first day of July in each year, and shall be estimated upon the last preceding report of said company; and for that purpose the president and sec retary of said company shall, on the first day of Jannary in each year, or within fifteen days previous thereto, make under their hands a return to the state treasurer, verified by their several oaths. stating the amount which has actually been paid in on the capital stock of said company, and also the whole amount of money which has at any time been borrowed by said company, and any investment of any portion of the net profits of said company in the busi ness of said company shall be considered as so much capital paid in and returned to the state treasurer accordingly. Sec. 5. The first meeting of said company shall be held at such time and place as the persons named in the first section or any two of them shall appoint by a notice to be published in one or more newspapers in the city of Detroit, at least thirty days before the time of such meeting. Sec. 6. Any inhabitant of this state shall have a lien upon the this state-stock, appurtenances and entire property of said company for all claims and demands against said company, to the amount of one bow enforcad, &c. hundred dollars or under, originally contracted within this state, which shall take precedence of all other claims or demands, judgments or decrees, liens or mortgages against said company. And any person may enforce the said lien by filing with any court having jurisdiction thereof, an affidavit showing to the satisfaction of such court that he has a claim under the provisions of this section; and such court may thereupon issue an attachment against the property of such company, and the same proceedings may be thereupon had as in other cases. visions. Sec. 7. Said company shall be subject to the provisions of chap- Generalproter fifty-five of the revised statutes of 1846, so far as the same may be applicable. and it shall not be lawful for said company to use their funds or any part thereof in any banking transaction, in brokerage or exchange, in dealing in money or bank notes or in the purchase of any stock of any bank, or in the purchase of any public stock whatever, or for any other purposes than those herein particularly specified. fice. Sec. 8. The said company shall within six months after the first Business of election of the officers thereof, by a vote of the board of directors, locate a business office of said company within the territorial limits of the state of Michigan and file in the office of the secretary of state, a certificate specifying the place of such location, and all annual and other meetings of said company shall be held at such place as the by-laws of the company may designate and direct. charter. Sec. 3. This act shall take effect from and after its paesage, Duration of and continue in force thirty years therefrom. Approved March 31, 1849. [ No. 178. ] AN ACT supplementary to an act entitled "an act to establish a ed relative to title of N. S. board. Section 1. Be it enacted by the Senate and House of Represen- Act amendtatives of the State of Michigan, That the words "the normal school board," wherever mentioned in the act entitled "an act to establish a state normal school," shall be understood and construed to mean the "board of education," as provided in said act. Sec. 2. The ten sections of salt spring lands to be located by the N. S.build board of education as the normal school building lands, shall be reing lands to served from sale at the state land office, but may be appraised at be reserved appraised & from sale, the minimum price established, as is now or may be hereafter prosold for cer- vided by law in regard to other salt spring lands, and warrants tificates is of educat'n. sued by B. drawn by the auditor general in pursuance of the certificate of the president of the board of education, as provided in section fif teen of the act to which this is supplementary, shall alone be receivable for said ten sections, and no such certificate shall be issued until work shall be done, or services rendered, or buildings erected for the normal school under the direction of the board of educa tion, entitling the applicant to such certificate, according to a contract or agreement with said board for that purpose, or for services and expenses of the board or some member thereof, in connection with the selection of the site, or the erection of the normal school buildings. Lands of N. S.endowm't fund subject to sale at land office. Sec. 3. The fifteen sections of salt spring lands appropriated for the normal school endowment fund, shall remain subject to sale at the state land office, as is now or shall be hereafter provided by law; and the principal shall be and remain a perpetual fund for the use of said school; the instalments of principal paid by the purchasers shall be paid into the state treasury, and the interest thereon from the time of its receipt, or from the time of the preceding computa of principal tion of interest as the time may be, shall be computed by the aureceived on ditor general and state treasurer, at the close of each fiscal year, Disposition and interest such sale. Expense of board of ed be paid out terest fund. at the rate of six per cent. per annum, and together with all interest paid by purchasers of any portion of the fifteen sections aforesaid, shall be passed to the credit of the normal school interest fund, to be drawn therefrom upon the warrant of the auditor general, issued in pursuance of a certificate of the board of education or their president and secretary, that the money is due and payable to the principal of the normal school, or his assistants, or to the members of the board as hereinafter authorized. Sec. 4. The services and expenses of the board of education, ueation to after the erection of the necessary buildings and the exhaustion of of N. S. in- the ten sections of salt spring lands appropriated for building pur poses, shall be paid for out of the normal school interest fund in the same manner, as near as may be, as is required in regard to monies drawn for the payment of the principal or other teachers: and power conferred upon the president of the board under the the |